Lars-Christian Svensen-led 2020 Bulkers has inked an agreement to sell three of its newcastlemax vessels for $209m to an unnamed buyer.
The Oslo Børs-listed newcastlemax shipowner said it had agreed to offload the 208,000-dwt Bulk Sandefjord and Bulk Santiago, both built in 2019, and the 2020-built vessel, Bulk Shenzhen.
The three newcastlemax vessels will be sold to an unaffiliated third party for a total consideration of US$209m.
As it is reported, each sale is subject to certain closing conditions, in line with industry standards.
The company will retain the vessels’ respective operating cashflows until closing of each vessel transaction,
